Schlumberger, the world's leading supplier of technology, integrated project management and information solutions to customers working in the oil and gas industry worldwide, presents PIPESIM 2014.1 - the new generation in multiphase flow simulation to overcome fluid flow challenges and optimize production.

?The PIPESIM steady-state multiphase flow simulator enables the design and diagnostics of oil and gas production systems-from reservoir to processing facility. The PIPESIM simulator is used to model well performance, conduct nodal analysis, design artificial lift systems, model pipeline networks and facilities, and develop field production plans.

The PIPESIM simulator leverages a variety of fluid property correlations, multiphase flow correlations, and inflow performance relationships to generate an accurate description of your production systems.

?PIPESIM 2014 is the second release of the 3rd Generation User Interface and has approximately 85% feature parity with the legacy PIPESIM User Interface (PIPESIM 2012.2). Notable exceptions include gas lift design, network optimization, local language support, and OpenLink extensibility. Future development will incorporate these features and more.

About Schlumberger

Schlumberger is the world's leading supplier of technology, integrated project management and information solutions to customers working in the oil and gas industry worldwide. Employing approximately 115,000 people representing over 140 nationalities and working in approximately 85 countries, Schlumberger provides the industry's widest range of products and services from exploration through production.